Average Experienced Actuary Salary in India

₹2,927,074
Avg. Salary
₹420,000
Bonus
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The average salary for an Experienced Actuary in India is ₹2,927,074.
10%
₹507k
MEDIAN
₹3m
90%
₹9m
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Salary
₹507k - ₹9m
Bonus
₹13k - ₹2m
Total Pay
₹507k - ₹10m
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What Do Actuaries Do?

Actuary Tasks
  • Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
  • May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.

Actuary Job Listings

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What Are Popular Skills for Actuaries?

Skills in Insurance, Pricing and Data Analysis are correlated to pay that is above average.

What is the Pay by Experience Level for Actuaries?

An entry-level Actuary with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of ₹517,371 based on 29 salaries. An early career Actuary with 1-4 years of experience earns an average total compensation of ₹786,971 based on 47 salaries. A mid-career Actuary with 5-9 years of experience earns an average total compensation of ₹1,500,000 based on 28 salaries. In their late career (20 years and higher), employees earn an average total compensation of ₹850,000.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 109 survey responses.
Entry Level
26.6%
Early Career
43.1%
Mid Career
25.7%
Late Career
4.6%

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